As a Change Maker in the industry, Ameriabank has joined UATE, which unites 250+ tech companies, reaffirming the bank’s strategic positioning and its commitment to following the digital transformation path.

The objective of this partnership between the two strategic sectors is to establish a fintech ecosystem and foster a new culture of collaboration in Armenia, which will contribute to the development and progress of both sectors. 

The launch of the partnership was announced during UATE monthly meeting, held as part of the Sevan Startup Summit.

About UATE

The Union of Advanced Technology Enterprises is the technological association of Armenia, the pillar of the country’s high-tech ecosystem. The mission of UATE is the development of Armenia’s technological sector and driving the scientific and technical modernization of the country. The primary areas of UATE’s activity are the protection of the interests of companies in the sector, development of human potential and promoting Armenia’s presence in the global market of technological solutions. Established in 2000, UATE currently unites 250+ member companies, positioning UATE as one of the oldest and largest business associations in Armenia.  

About Ameriabank

Ameriabank is a leading financial and technology company in Armenia, a major contributor to the Armenian economy. In pursuit of digital transformation, the Bank has implemented unique products, services and innovative platforms designed to meet the diverse financial and non-financial needs people have today and keeps on improving them. 

Being a dynamically developing fintech environment, Ameriabank offers comprehensive solutions to improve the quality of life.

The Bank is supervised by the Central Bank of Armenia.

“He was six months behind schedule, and we thought they wouldn’t take him. He had a spinal problem. On the last day, he went to pass the medical commissions, and called from the road saying, ‘Mom, they’re taking me.’ When the war started, he had three months left until the end of his service. When he came home for the last time, I took his clothes and kept them without washing. They still have his smell. He was martyred a week later,” she recounts.

Details in the video.

According to Karen Zadoyan, President of the Armenian Lawyers Association, the discussions between the Government and the National Assembly with lawyers, accountants, and other interested professional communities ultimately did not lead to any results.

Details in the video.

According to the advocate’s observation, the roots of this mentality come from the Soviet years, when the Soviet Union propagated that they don’t need advocates, that citizens and economic operators would be protected independently.

“Because of this misconception, businesses often face enormous risks, because the accountant, in addition to performing their core functions, is forced to be guided by the whims of the business and ‘create papers’ for the business, trying to cover the necessary tax documentation field that they see is necessary.”

Details in the video.

According to Iravaban.net, during this hearing, the prosecutor motioned to once again interrogate Steven Newton, a witness in Poghos Poghosyan’s murder case.

As a reminder, the case of the 43-year-old Poghosyan’s death was reopened in 2019 following a complaint by Steven Newton, a citizen of Great Britain who witnessed the incident. The only defendant in the case is Aghamal Harutyunyan, nicknamed “Kuku,” a former member of second President Robert Kocharyan’s security detail, charged with negligent homicide. The incident took place at the “Aragast” café.

According to prosecutor Tsovak Mnatsakanyan, the testimony given during the preliminary investigation, the data provided by the witness through the consular service in a letter, as well as the factual information in an interview given to one media outlet do not correspond to previously provided information.

He noted that questions remain unanswered regarding the defendant’s whereabouts, his actions, the transfer of the victim to the café’s restroom, whether the defendant or other individuals were seen with a pistol at that time, and other details.

Aghamal Harutyunyan’s advocate, Robert Bejanyan, stated that the witness’s first testimony should be considered as the basis: “Newton gave direct testimony from the very beginning, before being asked questions, about what he had seen and remembered. That is, when he entered the ‘toilet,’ he saw Nalbandyan and ‘Kuku’ on his left, and directly in front of him, he saw Poghos Poghosyan lying down, with his head toward the toilet bowl and his feet toward the exit. Then, through questions about how people appeared and what actions were taken, that confusion created a contradiction.”

The court satisfied the presented motion.

The prosecutor also presented a motion to conduct a repeated examination: “I motion to appoint a repeated forensic medical examination during this trial and to task the experts with a series of questions related to the baseline data, the injury, the mechanisms of injury, and the causal link with the death.

Before appointing the examination, I ask the court to satisfy one more motion related to the exhumation investigative and procedural action. I believe it is necessary to obtain the consent of Poghos Poghosyan’s close relatives for this action and to carry it out.”

The prosecutor stated that as a result, they could get a completely different picture, as the witness’s letter-application mentioned blows delivered with the use of a pistol.

Regarding the motion, the defense stated: “24 years have passed, and I believe the exhumation cannot provide anything because it can only discover a new injury, which cannot have any connection with the death, especially since at this moment there is an expert conclusion that his death was caused by a skull fracture.”

In response to the defense’s statement, the prosecutor noted that there was no skull fracture; his suspicions lead him to believe that there should have been a fracture, but it was not detected, which is why he is presenting such a motion.

The court did not make a decision regarding the last motion; the presiding judge stated that they still need to obtain the consent of Poghosyan’s relatives.

The victim’s representative also motioned to invite expert Shavarsh Gevorgyan to court, but both the prosecution and the court emphasized that after obtaining the baseline data, a new need would arise to summon him again.

The next hearing in the case was scheduled for August 15.

 The changes are based on the need to implement the CEPA agreement, specifically in the context of protecting consumer interests.

The Commission for the Protection of Competition, in turn, had identified issues.

Details in the video.

The annual awards assess the performance of leading banks from over 100 countries, in particular, their strategic initiatives, digital banking solutions, and other achievements across the financial industry. 

The publication highlights that over the year, Ameriabank secured over USD 300 million in strategic partnerships. This includes USD 200 million from the International Finance Corporation and EUR 105 million from the European Investment Bank, specifically earmarked to bolster climate finance and support for micro, small, and medium-sized enterprises. 

Significantly, Ameriabank’s retail loan portfolio demonstrated strong growth in the reporting period, increasing by 42.3% year-on-year to reach AMD 596 billion (USD 1.55 billion). 

Total assets saw a notable increase of 33.6% year-on-year, amounting to AMD 1.9 trillion in 2024, and the bank’s market share expanded to 17.1%. This growth underscores Ameriabank’s substantial impact and expanding influence within the Armenian banking sector. 

Over 99% of its transactions and more than 50% of its sales were conducted digitally in 2024. The bank’s dedication to digital innovation is further evidenced by the substantial uptake of the MyAmeria app, where monthly active usage by login and transactions surged by 51.3% and 46.3%, respectively, compared to the previous year. 

These accomplishments highlight Ameriabank’s forward-looking strategy, operational excellence, and commitment to enhancing both its technological footprint and its support for critical sectors of the Armenian economy. 

“This prestigious award reaffirms the success of our long-term strategy and our unwavering efforts. It also reinforces our advancements in the continuous enhancement of digital solutions and Ameriabank’s important contribution to the development of various sectors of the economy. The Euromoney Award for Excellence represents a collective accomplishment of our team, clients, and partners, for which I extend my deep gratitude. It inspires us to continue our endeavors with even greater passion contributing to the development of our country and improving the quality of life,” commented Artak Hanesyan, CEO of Ameriabank.

About Ameriabank

Ameriabank is a leading financial institution and a major contributor to the Armenian economy, with assets around AMD 1.9 trillion. The Bank has adopted a customer-focused approach to ensure service quality and modern banking experience in an evolving digital environment. Ameriabank is committed to doing business responsibly and advancing Armenia’s transition towards a sustainable future. More details are available here: www.ameriabank.am.

The Bank is supervised by the Central Bank of Armenia.

“He loved doing village work, then he went to Russia, came back and said that after his military service he would go there to work. He wasn’t much of a student, but he was a hard worker. As soon as he finished school, they took him to service, he served well. He was serving in Mataghis,” Silva Aleksanyan, his mother, tells Iravaban.net as part of the “For the Homeland” series.

Alexander was a serviceman for 1 year and 9 months when the war started; his mother says that her son was not afraid of anything.

“My two children were asleep, I realized that the sound of fighting was coming, I got up and understood that they had started firing from all sides. Both of my sons were in the army at that time. I picked up the phone, called, but whoever I called, their phone was turned off. We didn’t speak with Alik for 5 days, then he called and said ‘we’re fine,'” our interlocutor recalls.

Then it became known that Alexander had been wounded. The parents searched for him for a long time and found him in one of Yerevan’s hospitals, in an unconscious state. The mother recognized her son by the marks on his feet. The doctors said that his brain was damaged, but Alexander fought for 6 months to live, and died on May 14, 2021.

Details in the video.

]]> https://iravaban.net/en/526094.html Fri, 18 Jul 2025 17:15:19 +0000 https://iravaban.net/?p=526094 Read more »]]> Mediation is now mandatory in Armenia for resolving certain family disputes.

These include:

• Divorce
• Determining a child’s place of residence
• Recovery of alimony
• Division of common property
• Issues related to communication with a child, their upbringing and education
• Establishing child visitation arrangements
• Modification or termination of a marriage contract

The Ministry of Justice justifies this by stating that mediation can be an effective alternative for resolving various disputes. After being signed and approved, a mediation agreement has the same legal force as a court decision. If one of the parties fails to comply with the terms of the agreement, it is possible to apply for enforcement.

Details in the video.

]]> https://iravaban.net/en/526068.html Fri, 18 Jul 2025 09:33:01 +0000 https://iravaban.net/?p=526068 Read more »]]> Owing to the cooperation between Ameriabank and Arca, it is now possible to make payments with Apple Pay on Armenian online platforms as well. This feature is active for both the iPhone and other Apple devices. 

Since January 18, 2022, Ameriabank cardholders have been able to make payments with Apple Pay at thousands of physical points of sale. Now Apple Pay can also be used for online shopping via applications and websites where this feature has been activated. There is no need to enter payment details, since identification is performed via Face ID or Touch ID as with ordinary POS payments, and is equally secure, fast and convenient.  

All business clients using the vPOS service of Ameriabank can activate the feature of accepting payments via Apple Pay and start accepting payments in this manner in their online stores and applications. 

Ameriabank’s vPOS can also be obtained and activated online through the MyBusiness.am platform. 

About Ameriabank

Ameriabank is a leading financial and technology company in Armenia, a major contributor to the Armenian economy. In pursuit of digital transformation, the Bank has implemented unique products, services and innovative platforms designed to meet the diverse financial and non-financial needs people have today, and keeps on improving them. 

Being a dynamically developing fintech environment, Ameriabank offers comprehensive solutions to improve the quality of life.

The Bank is supervised by the Central Bank of Armenia.

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